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(Z18) 55-DMA Caps Rally *RES 4: 121.95...>

GILT TECHS
GILT TECHS: (Z18) 55-DMA Caps Rally
*RES 4: 121.95 High Sep 12 
*RES 3: 121.59 Low Aug 28, now resistance 
*RES 2: 121.54 55-dma 
*RES 1: 121.50 High Oct 19 
*PREVIOUS CLOSE: 120.93
*SUP 1: 120.61 21-dma 
*SUP 2: 120.00 Support 
*SUP 3: 119.36 Low Oct 10 
*SUP 4: 118.93 Low April 2016 (continuation chart) 
Friday's early gain in Gilt futures stopped short of the 55-dma giving way to
weakness as the 121.00 level gave way. This turns the short-term outlook neutral
for now with bears looking to push below the 21-dma to gain the advantage. A
break above the 55-dma at 121.54 would signal further medium-term gains towards
the Sep highs. 

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